The Continental Monthly, Vol. 5, No. 5, May, 1864: Devoted To Literature And National PolicyVarious
History
The Continental Monthly, Vol. 5, No. 5, May, 1864: Devoted To Literature And National Policy
Various
Literature, Modern -- 19th century -- Periodicals; United States -- Politics and government -- 19th century -- Periodicals
Lake shore line 3,620
Shore line of Mississippi River
and its tributaries above tide
water 35,644
Shore line of all our other rivers
above tide water is 49,857
Total, 122,784
Our country, then, is better watered than any other, and has more
navigable streams, and greater hydraulic power.
We have completed since 1790, 5,782 miles of canal, costing
$148,000,000; and 33,860 miles of railroad (more than all the rest of
the world), costing $1,625,952,215. (Amer. R. R. Journal, 1864, No.
1,448, vol. 37, p. 61.)
Our land lines of telegraph exceed those of all the rest of the world,
the single line from New York to San Francisco being 3,500 miles. Our
mines of coal, according to Sir William Armstrong, the highest British
authority, are thirty-two times as great as those of the United Kingdom.
Annual product of our mines of gold and silver, $100,000,000, estimated
at $150,000,000 per annum by our Commissioner of the General Land
Office, when the Pacific railroad shall be completed.
Public lands unsold, belonging to the Federal Government, 1,055,911,288
acres, being 1,649,861 square miles, and more than thirty-two times the
extent of England.
Immigration to the United States from 1850 to 1860, 2,598,216, adding to
our national wealth during that decade $1,430,000,000.
Education--granted by Congress since 1790 for the purposes of public
schools--two sections (1,280 acres) in every township (23,040 acres), in
all 1,450,000,000 acres of public lands; one eighteenth part given,
being 80,555,555 acres, worth at the minimum price of $1.25 per acre,
$100,694,443--the real value, however, was much greater.
Granted by Congress for colleges and universities, 12,080,000 acres,
including 3,553,824 given by the Federal Government to the State of
Tennessee, worth, at the minimum price of $1.25 per acre, $15,100,000,
which is much below their true value.
Total in public lands granted by Federal Government for education,
92,635,555 acres; minimum value, $115,794,443.
In 1836, after full payment of the entire principal and interest of the
public debt, there remained in the Federal Treasury a surplus of
$38,000,000, of which about one half, $19,000,000, was devoted to
educational purposes.
Total Federal appropriations since 1790 for education, $134,794,443.
Public-domain text, read in full here on John Shaqi.
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